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1940s Economy
Coming out of the depression filled years of the 1930’s, America was facing the possibility of war. ... wanted to remain isolated from the conflict but after the Pearl Harbor Attack, there was no choice but to enter into World War II. The economy of the 1940’s can generally be divided into two periods: the economy during the war and the economy after it.
World War II did not merely revitalize the U. ... America’s involvement in WWII quickly boosted the economy during the war years of 1941-1945. ... Between 1940-1944 industrial production rose by 88%, this was attained by employing more labor and by using more energy and raw materials inputs with moderate additions to preexisting capital stock (Williams 230).
Approximate Word count = 565 Approximate Pages = 2.3 (250 words per page double spaced)
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